IAG 0.52% $7.68 insurance australia group limited

News: IAG IAG Says Received About 8,000 Claims By 4Pm On 25 March

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    March 26 (Reuters) - Insurance Australia Group Ltd (IAG) :

    • INSURANCE AUSTRALIA GROUP LTD - IAG HAD RECEIVED APPROXIMATELY 8,000 CLAIMS BY 4PM ON 25 MARCH 2021
    • INSURANCE AUSTRALIA GROUP LTD - CLAIMS EXPECTED TO RISE FURTHER
    • INSURANCE AUSTRALIA GROUP LTD - ESTIMATES NET COST OF QLD/NSW HEAVY RAIN AT ABOUT $135 MILLION
    • INSURANCE AUSTRALIA GROUP LTD - NET COST WILL BE CAPPED AT $169 MILLION
    • INSURANCE AUSTRALIA GROUP LTD - IAG ESTIMATES FY21 NET NATURAL PERILS CLAIM COSTS OF APPROXIMATELY $660 MILLION TO $700 MILLION
    • INSURANCE AUSTRALIA GROUP- ESTIMATED MER AT 26 MARCH 2021 REMAINS UNCHANGED AT $169 MILLION
 
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